This $7 looker was listed as a lot (though the listing has since been taken down) — but apparently the owner was happy to throw in a boarded up home with the deal. The property had sold for $22,000 in May 2004 and is now bank-owned. The neighborhood is filled with modest, single-family homes, but the schools in the district have an average rating of 1 out of 10.
Photo: Realtor.com